Real Estate
Owner Net Rental Distribution
Remitting the net rental proceeds to the property owner after deducting management fees and expenses.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Due to Landlord / Owner | Liability (-) | 4,400.00 | - |
| Cash / Bank | Asset (-) | - | 4,400.00 |
💡 Accountant's Note
This clears the liability to the owner created when rent was collected. The distribution is net of the management fee and any approved expenses.
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